Butte Properties Inc. and Woodbine Southwest Corp. have announced the construction of two luxury complexes featuring upscale golf condominiums. Woodbine Southwest Corp. will begin construction in 2006 while building has commenced on Butte's new seven-story 48 unit building situated in Scottsdale's 730 acre Kierland Commons private gated community.

Butte's new condominiums are located within the Landmark neighborhood of Kierland Commons and face the Kierland Golf Course which features three distinct championship nine hole courses rated 'Best New Public Golf Course' by Golf Digest in 1996.

The Landmark is a 35 acre village featuring luxurious amenities and over 500,000 square feet of specialty retail, fine dining and commercial office space. A few retailers and restaurants located in Kierland Common's are Crate & Barrel, Tommy Bahamas, Morton's of Chicago and The Cheesecake Factory.

To date, 27 of the 48 condominiums have been reserved. Averaging 2,600 square feet, the Kierland Commons Landmark condominiums are expected to fetch upwards of $3 million. This comes after the sellout of Phase I in which 50 condominiums were sold for between $800,000 and $2 million.

Butte Properties has indicated that further condominium complexes are in the works.